For Bill Gross, Besting Pimco Is the Best Revenge

New York Times
By Landon Thomas Jr.

NEWPORT BEACH, Calif. — Sitting in the conference room of his empty office suite, with its floor-to-ceiling wall of windows, William H. Gross cannot help noticing the sleek office tower that the bond giant Pimco moved into in early 2014.

Just a short walk up the road, the 20-story building looms large in the Southern California sun — a potent symbol of the riches and might that Pimco came to represent during Mr. Gross’s long reign there as the bond king.

Although he was forced out nearly two years ago and has moved on to a rival, Janus Capital Group, Pimco remains very, very close — both physically and, it would appear, psychologically.